News

New Delhi: Gold prices rallied by Rs 455 to Rs 46,987 per 10 gram in the national capital on Thursday following firm trends in global markets, according to HDFC Securities. In the previous trade, the precious metal had settled at Rs 46,532 per 10 gram.

Silver also jumped Rs 894 to Rs 61,926 per kg from Rs 61,032 per kg in the previous trade.

In the international market, gold was trading higher at $1,795 per ounce and silver was flat at $23.20 per ounce.

“Gold prices traded higher with spot gold prices at COMEX trading 0.12 per cent up at $1,795 per ounce on Thursday.

Gold prices held firm trading range supported by weaker dollar and inflation worries,” according to HDFC Securities, Senior Analyst (Commodities), Tapan Patel.

Articles You May Like

Forexlive European FX news wrap: Not much action as we await the US CPI release tomorrow
Nansen scales analytics beyond Ethereum with Bitcoin L2 integration
Coinbase launches Stand With Crypto advocacy group in Australia
Disney narrowly beats estimates as streaming boosts entertainment segment
Singapore Airlines shares fall 6% as profit nearly halves amid intensifying competition